The news of GEE’s share transfer of CADIVI to foreign partners has attracted shareholder interest. GEE’s leadership confirmed that the company aims to collaborate with capable international partners to expand its technology and market reach. In the extraordinary shareholders’ meeting on August 15, GEE presented its adjusted business plan, targeting a 7% revenue increase to 23,794 billion VND by 2025, and doubling pre-tax profit to 3,500 billion VND. The adjustments are due to planned divestments and positive core operations. CEO Nguyen Trong Trung stated that the subsidiaries are also ramping up production and developing environmentally friendly products. GEE also intends to increase the dividend payout ratio from 30% to 60%, translating to approximately 1,464 billion VND and issuing additional shares. The meeting passed important resolutions with high shareholder consensus.
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